I travelled with my family to London and Normandy in July 2022. Our primary purpose was to meet up in France with my father-in-law, who had dreamed of visiting the sites where the tide turned in World War II. I did not realise that our excursion would have so much relevance to today’s economic conditions.
On 21 September, the US Federal Reserve intensified its attack on inflation with its third consecutive 75 basis point hike to the federal funds rate. The Fed also warned that more monetary tightening was forthcoming and would continue for…Will Inflation Ever Drop Back To The 2% Mark?
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